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Jan 15, 2013
01/13
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because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been accompanied by fiscal or deficit reduction measures. back in the '80s, the '90s and even in president's presidency himself he has signed four laws raising debt ceiling. three were tied to some sort of fiscal management, legislation itself. but the president now says i'm tired of negotiating all those things, raised the debt ceiling and then i will get on with other conversations with you about dealing with the sequester, the across-the-board spending cuts and other budget related issues. but not until you take care of the debt ceiling and get that off the table that was the president's principal message today and he got a lot of conversation about why not negotiate. he said he's to the going to. we'll leave it there at least for the time being. >> rose: what will the republicans do, will they shut down the government. >> no, not over the debt ceiling. they may over the continuing resolution this is not their best vehicle. my guess is what they will probably have to do is give him a short-term ext
because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been accompanied by fiscal or deficit reduction measures. back in the '80s, the '90s and even in president's presidency himself he has signed four laws raising debt ceiling. three were tied to some sort of fiscal management, legislation itself. but the president now says i'm tired of negotiating all those things, raised the debt ceiling and then i will get on with other conversations with you about...
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Jan 20, 2013
01/13
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WBAL
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and i think you're going to see enough votes in the center to raise the debt ceiling without any kind of -- chris: are they jumping shark on this? >> i think so. i think the public is certainly sick of it. and i also think the business community doesn't want to hear anything about shutting down the government. chris: you're the expert. i real me mean this. people advise me on making financial decisions. they think the economy looks pretty good. don't mess it up. >> it does look pretty good, as best we can tell. the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't e
and i think you're going to see enough votes in the center to raise the debt ceiling without any kind of -- chris: are they jumping shark on this? >> i think so. i think the public is certainly sick of it. and i also think the business community doesn't want to hear anything about shutting down the government. chris: you're the expert. i real me mean this. people advise me on making financial decisions. they think the economy looks pretty good. don't mess it up. >> it does look...
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Jan 19, 2013
01/13
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FBC
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house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which starts march 4/7. we have a continuing resolution. they are the republicans that can put obama on a very short leash and only give him a continuing resolution for a week for two or three. cut the spending each time. those are two very powerful mechanisms. gerri: you don't in addition of the purse strings on the debt ceiling to use that at the a lever and give the president to stop spending? >> i didn't say that the man at the
house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the...
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Jan 23, 2013
01/13
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today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills, and it cuts pay for lawmakers if they can't pass a budget by tax time, april 15th. >> most americans believe you don't do your job, you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate has not passed a budget in almost four years. >> the last time they passed a budget, the ipad had not been introduced. >> reporter: paul ryan will draft the republican budget, likely with deeper cuts than the one he offered last year. that's a carrot to get conservatives to go along, some still want to see cuts first. >> i will not vote to raise the debt ceiling unless significant efforts are made to fix the underlying problem. >> reporter: senate democrats hint they will pass a budget, but not necessarily soon. >> we'll approach that when we need to. >> reporter: the white house says even though it's short-term, the president will sign it. >> the debt ceiling ought not to be a political football. >> reporter: this republican retreat with one last stand. if
today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills, and it cuts pay for lawmakers if they can't pass a budget by tax time, april 15th. >> most americans believe you don't do your job, you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate has not passed a budget in almost four years. >> the last time they passed a budget, the ipad had not been introduced. >> reporter:...
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Jan 23, 2013
01/13
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we hear that the vote on the debt ceiling is supposed to take place in this hour some time between 12:30 and 1:00. is it going to come to the floor? does john boehner have the votes? >> from where i stand right now, from my latest conversation with aides, they say they are moving in the right direction and they are confident they have the votes for this to pass. if it goes to the floor, they'll definitely have the votes. however, i urge caution, because even though this plan seems to have the support of the president, seems to be receptive -- harry reid seems to be receptive, you never quite know because of the 17 chuckle heads, known by more modest members, what they could do. i spoke to a few of them, and they said this is not a logical solution, because we need to have real deep spending cuts in order to extend the debt limit under any possible solution. the short answer of your question is, we expect this one to go through. there's been more optimism than there was during the fiscal cliff saga from gop leadership folks, but with this house gop conference, it's not over until it's
we hear that the vote on the debt ceiling is supposed to take place in this hour some time between 12:30 and 1:00. is it going to come to the floor? does john boehner have the votes? >> from where i stand right now, from my latest conversation with aides, they say they are moving in the right direction and they are confident they have the votes for this to pass. if it goes to the floor, they'll definitely have the votes. however, i urge caution, because even though this plan seems to have...
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Jan 20, 2013
01/13
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FOXNEWS
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>> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what did you think, judy, about the questions that the president received? only seven of them for a news conference. the answers went on very long. >> you might even say stonewalling answers, each answer was roughly the equivalent of about seven and a half minutes. no wonder there's no time for follow-ups. look, the white house press corps, how many times do we have to talk about it. other than major garrett, who was a sight to see there, even jake tapper said, oh, yes, major always asks good questions, when he was on fox we didn't call on him much. that's what this is about. the white house press corps has to be more skeptical. >> and partially a technical plight. one way he filibusters or runs out the clock, change the way the mic would be, they used to be shotgun mics and n
>> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what did you think, judy, about the questions that the president received? only seven of them for a news conference. the answers went on very long. >> you might...
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Jan 21, 2013
01/13
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KNTV
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they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters, saying how big they've grown in four years. >> they seemed like little girls four years ago and now they are young ladies. >> and notably out of the spotlight, which is just how their mother and dad want. sasha needed a box to stand on last time. no more. >> her older sister is strikingly tall. she moves around the corridors of school. >> and their grandmother, michelle obama's mother is there, also. we don't really get to see enough of her. >> as is her wish. everyone around me just says what a terrific president is around the white house. it makes it feel like home, makes it fee
they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters,...
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Jan 16, 2013
01/13
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CNBC
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shall not bestio as a means to get around a congressional vote on raising the debt ceiling. the white house has said, indicated through the spokesman, that they have no interest in doing that. they don't think they are entitled to do that. why do you think they are so cool on this idea and can they envision their point of view changing. >> if congress is ultimately so irresponsible that it plunges this country into default, it will be a new day for the president and he will have to decide whether to use that authority to rescue the economy from catastrophe. i can see why the president would be restrained on it. he wants to negotiate number one. he wants congress to be responsible, number two. you know, in the past, the debt ceiling was an opportunity for grand standing by both parties. in fact, senator obama voted against the debt ceiling increase. but it's been weaponized now. it has gone beyond grand standing into lectures on fiscal responsibility to justify -- go ahead. >> i see that and i absolutely -- i understand that. but one of your colleagues yesterday, tom grays of
shall not bestio as a means to get around a congressional vote on raising the debt ceiling. the white house has said, indicated through the spokesman, that they have no interest in doing that. they don't think they are entitled to do that. why do you think they are so cool on this idea and can they envision their point of view changing. >> if congress is ultimately so irresponsible that it plunges this country into default, it will be a new day for the president and he will have to decide...
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Jan 23, 2013
01/13
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CNBC
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a vote on the debt ceiling. we will get to john harwood in a moment on what it means for the white house and senate. but first, apple eamon javers on the hill. >> we expect it to pass, maybe tighter than republicans would like the vote count to be, but ultimately what the pleasure would do is extend the debt measure through to may 19th and politically what it does is rearranges the order of the fiscal fights we will have over the next couple of months and it means we will fight first over the sequester. remember that's that across the board budget cut postponed during the fiscal cliff fight in december and january. now that will be the first fight up at the beginning of march. republicans feel that that is a much more safe political ground for them to fight on than to fight over the debt ceiling which of course could threaten a default on the nation's obligations so we do expect this vote within the next couple of minutes here to pass by republicans, then it will go over to the senate side and the white house ha
a vote on the debt ceiling. we will get to john harwood in a moment on what it means for the white house and senate. but first, apple eamon javers on the hill. >> we expect it to pass, maybe tighter than republicans would like the vote count to be, but ultimately what the pleasure would do is extend the debt measure through to may 19th and politically what it does is rearranges the order of the fiscal fights we will have over the next couple of months and it means we will fight first over...
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Jan 23, 2013
01/13
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CNNW
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the debt ceiling vote. >>> hillary clinton, an emotional one moment and then fired up the very next. we are talking about the secretary of state holding her own on capitol hill. and she testifies about that attack on the u.s. consulate in benghazi on september 11th of last year. it left four americans dead including the u.s. a.mbassador o libya. jill dougherty has details. >> reporter: in the hot seat to answer for the administration's handling of the deadly attack, the secretary of state described the first chaotic hours when she monitored events from the state department. >> i instructed or senior department officials and our diplomatic security personnel to consider every option, to just break down the doors of the libyan officials to get as much security support as we possibly could. >> reporter: throughout the senate hearing there was no doubt how personally clinton took the death of the four americans in benghazi. >> i stood next to president obama as the marines carried those flag draped caskets off the plane at andrews. i with you the my arms around the mothers and fathers, t
the debt ceiling vote. >>> hillary clinton, an emotional one moment and then fired up the very next. we are talking about the secretary of state holding her own on capitol hill. and she testifies about that attack on the u.s. consulate in benghazi on september 11th of last year. it left four americans dead including the u.s. a.mbassador o libya. jill dougherty has details. >> reporter: in the hot seat to answer for the administration's handling of the deadly attack, the secretary...
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Jan 15, 2013
01/13
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democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the debt ceiling, obama himself in 2006 when he was a junior senator from illinois who opposed raising the debt ceiling. that's right, barack obama, america's lecturer in chief scolding republicans for linking to the debt ceiling. here is what the anointed one said in march of 2006 leadership means the buck stops here, instead washington is shifting the burden of bad choices today on the backs of our children and grandchildren. america has a debt and a failure of leadership. americans deserve better i therefore intend to oppose the effort to increase america's debt limit. obama as senator did precisely what he's saying should not be done. but obama being obama and doing so, well, he's demonstrating his insufferable moral superiority. the second trait we saw
democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the debt ceiling, obama himself in 2006 when he was a junior senator from illinois who opposed raising the debt ceiling. that's right, barack obama,...
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Jan 15, 2013
01/13
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CURRENT
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bush, republicans voted automatically to increase the debt ceiling. never demanded one dime in spending cuts. >> what about their pay saint ronald reagan? it was double digits. so bottom line is -- >> bill: i think obama's right. saying no, no, no, no. this is not something. we do not debate as he said yesterday, several times, we don't debate whether or not we're going to pay our bills. we're not a deadbeat nation. >> bill, for the listeners who may not know this and i'm sure many people do but for those who may not know, when we raise the debt ceiling we're not authorizing future spending. >> bill: good point. >> we're just paying the bills we've already acquired. we've already passed authorization bills and appropriation bills and the president signed the bill. we spent the money. this is just saying we're going to pay. okay. so like why wouldn't we want to do that? right? and so it is really sort of a ridiculous thing. i'm going to tell you, the progressive caucus, we're not against cuts. we have cuts that we think we'll go for. like -- >> bill: y
bush, republicans voted automatically to increase the debt ceiling. never demanded one dime in spending cuts. >> what about their pay saint ronald reagan? it was double digits. so bottom line is -- >> bill: i think obama's right. saying no, no, no, no. this is not something. we do not debate as he said yesterday, several times, we don't debate whether or not we're going to pay our bills. we're not a deadbeat nation. >> bill, for the listeners who may not know this and i'm sure...
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Jan 23, 2013
01/13
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CSPAN
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i don't understand how anyone who voted for the iraq war could now vote against raising the debt ceiling. in reality arguing over the debt ceiling is an argument over whether we should pay our bills. we should pay our bills. this debt is about the past, not about the future. you voted for war in iraq and the bush tax cuts, the bill is here. remind our colleagues and friends, over one million veterans, those who have served us honorably. half of the 45,000 have can claimed disability. so we hear from some of our friends, the default deniers that they think hitting the debt ceiling is no big deal. we can raise the debt ceiling only if we cut government spending as well. where were they during those years? those very difficult years. i have compiled a voting records on the debt increases that president bush requested and i hope i can insert that into the record. >> without objection. >> many members of this committee routinely voted to raise the debt ceiling even though the money for the tax cuts and the wars were put on an emergency basis for the purpose of hiding the cost. i'm pleased tha
i don't understand how anyone who voted for the iraq war could now vote against raising the debt ceiling. in reality arguing over the debt ceiling is an argument over whether we should pay our bills. we should pay our bills. this debt is about the past, not about the future. you voted for war in iraq and the bush tax cuts, the bill is here. remind our colleagues and friends, over one million veterans, those who have served us honorably. half of the 45,000 have can claimed disability. so we hear...
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Jan 19, 2013
01/13
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it does put the senate in an awkward position, by asking them to vote in three months when the debt ceiling has to be raised again. the white house said to be encouraged but a provision calls for cutting pay for the chamber that does not passes the budget. some democrats not happy. and house minority speaker nancy pelosi saying it's a gimmick, unworthy of the challenges we face and the debate we should be having. the message from the american people is clear, no games no default. for more on this, i would like to bring kristin. what is the white house saying about the issue? >> reporter: craig, they are saying that they are encouraged by the fact that house speaker, john boehner, is putting forward a proposal that increases the debt limit without an equal amount of spending cuts. that was his long-held position a and he is abandoning that position, and saying that he will increase the debt ceiling for a period of three months and in that timeframe, the congress has to come up with a budget and that is a win from the democrats standpoint, but they do not like the idea of increasing the debt
it does put the senate in an awkward position, by asking them to vote in three months when the debt ceiling has to be raised again. the white house said to be encouraged but a provision calls for cutting pay for the chamber that does not passes the budget. some democrats not happy. and house minority speaker nancy pelosi saying it's a gimmick, unworthy of the challenges we face and the debate we should be having. the message from the american people is clear, no games no default. for more on...
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Jan 16, 2013
01/13
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FBC
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republicans have voted against the debt ceiling increase. democrat president. dome kratz like the president voted against raising debt limit when he was in the senate and there was republican president. there is hypocrisy all over the place. what was particularly bothersome from the president we didn't hear from him any suggestion of where he wants us to go to solve the long-term problem. i go back to what we all understand is the cause of the problem here and that is entitlements and we need structural reform. melissa: last word real quick, we have to go. >> we'll never get to entitlement reform with a gun to your head that is what is happening with the debt ceiling. >> we didn't get to it fore then. melissa: great discussion. next on "money", a stunning number of americans are using their 401(k)s to pay for every day expenses. a top financial planner said you couldn't make a worse decision. he is here to explain. we also asked for some other options if you're in this situation. >>> plus, dand for gas is falling to lows not seen in nearly a decade. many are gi
republicans have voted against the debt ceiling increase. democrat president. dome kratz like the president voted against raising debt limit when he was in the senate and there was republican president. there is hypocrisy all over the place. what was particularly bothersome from the president we didn't hear from him any suggestion of where he wants us to go to solve the long-term problem. i go back to what we all understand is the cause of the problem here and that is entitlements and we need...
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Jan 23, 2013
01/13
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the house landing a vote tomorrow to push back the debt ceiling, another three months to may. monica, michael, and ron, ron, you worry thousandth this punt on the the deet ceiling, why? >> not just punting, but retreating. ironic because they just finished a, quote, retreat. we have to stop stealing from children and the next generation. stop stealing from them tomorrow, fight the next fight. not caring for this today. frankly, i think it's disgraceful. they are requiring the senate to pass a budget, but the senate cease going to pass a democratic budget, one that raises taxes and probably increased spending, too, and what good is that? we're not requiring the senate to balance the budget in ten years, 25 years, or ever. i don't know what good is coming from the deal. you're right. it's unfortunate, and it's a retreat. remember this, he may not have the votes to pass it tomorrow. conservatives in the house can still step up and say, no, listen, we're doing something today. today is the day to save the nation and children. neil: could be the argument that, you know, cooler head
the house landing a vote tomorrow to push back the debt ceiling, another three months to may. monica, michael, and ron, ron, you worry thousandth this punt on the the deet ceiling, why? >> not just punting, but retreating. ironic because they just finished a, quote, retreat. we have to stop stealing from children and the next generation. stop stealing from them tomorrow, fight the next fight. not caring for this today. frankly, i think it's disgraceful. they are requiring the senate to...
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Jan 21, 2013
01/13
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KPIX
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the republicans, we're told by a source, have decided to schedule a vote on raising the debt ceiling on wednesday. so, this means that one of the big hang-ups that everybody was worried about, the republicans have said they would not make a fight over this right now. they've agreed to raise the debt ceiling, as far as we know. this would be for three months, and then they would take it from there. but this gives everybody some breathing room and has to be taken as good news today. >> and now we see live the vice president's sons and the vice president's daughter taking their seat as the families of the president and the vice president are announced here on the west front of the u.s. capitol. we'll be expecting to see the first family again here shortly. and, of course, the crowds up and down the national mall, here to witness american history for themselves. they have a much easier day of it today than they did in 2009. in 2009 when the president took the oath, it was 28 degrees, but now it's about 39 degrees in washington and it is cloudy but a very beautiful day here, a perfect day
the republicans, we're told by a source, have decided to schedule a vote on raising the debt ceiling on wednesday. so, this means that one of the big hang-ups that everybody was worried about, the republicans have said they would not make a fight over this right now. they've agreed to raise the debt ceiling, as far as we know. this would be for three months, and then they would take it from there. but this gives everybody some breathing room and has to be taken as good news today. >> and...
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Jan 15, 2013
01/13
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CURRENT
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and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my cabinet before they rush to judgment. >> stephanie: it reminds me congress woman, we talked about this yesterday -- we are really -- at lease you are -- trying to govern in unprecedented times. we have never seen the hostage with the debt limit, and every nominee that the president puts forward they oppose just because the president is for it. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united st
and if we go forward, just drop this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my...
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Jan 22, 2013
01/13
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KNTV
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a vote coming up about the debt ceiling. in other words, they want to raise the debt cerealing ingce. they say that democrats are going to have to in the senate pass a budget or they won't get paid. it's part of the vote coming up. senate democrats being pressured to deal with the budget in a comprehensive way and not two months at a time although this measure they are voting on for the debt ceiling raising the debt ceiling would really only last until spring. still sort of a piecemeal approach while both sides say they want to do more comprehensive approach similar to what the president laid out but haven't worked out details. >> we'll find out if pressuring their pocketbooks will help out here. the question for you here, why is the vote set for tomorrow and what group do you see most under pressure? >> reporter: they need to deal with this quickly. the treasury department said unless we borrow more money come mid february we won't be able to pay bills. the house has to vote on it. senate has to vote on it. work out kinks a
a vote coming up about the debt ceiling. in other words, they want to raise the debt cerealing ingce. they say that democrats are going to have to in the senate pass a budget or they won't get paid. it's part of the vote coming up. senate democrats being pressured to deal with the budget in a comprehensive way and not two months at a time although this measure they are voting on for the debt ceiling raising the debt ceiling would really only last until spring. still sort of a piecemeal approach...
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Jan 23, 2013
01/13
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republicans in the house are expected to vote on a plan that would diffuse the debt ceiling crisis. the federal government could keep borrowing money for three months, in exchange house develop members want the senate to pass a budget, something that body has not done since 2009, exactly 1,365 days ago. this time instead of demanding spending cuts, republicans added a provision to the bill that would suspend lawmakers own paychecks if a budget is failed to be passed by april 15th. >> most americans believe if you don't do your job you don't get paid. that's the basis for no budget no pay. it's time for the senate to act. i think the american people understand that you can't continue to spend money that you don't have it's time for us to come to a plan that will, in fact, balance the budget over the next ten years. it's our commitment to the american people. we hope the senate will do their budget as they should have done over the last four years. >> boehner's plan getting a pretty good reception. the club for growth which led the revolt against his plan b proposal last round, said i
republicans in the house are expected to vote on a plan that would diffuse the debt ceiling crisis. the federal government could keep borrowing money for three months, in exchange house develop members want the senate to pass a budget, something that body has not done since 2009, exactly 1,365 days ago. this time instead of demanding spending cuts, republicans added a provision to the bill that would suspend lawmakers own paychecks if a budget is failed to be passed by april 15th. >> most...
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Jan 23, 2013
01/13
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CURRENT
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there's no point where we've had a vote to lower the debt ceiling because that's ridiculous. you don't have to. it contracts naturally with expenditures. >> you pay the bill. the debt goes down. >> hal: the way it may be handled, as a matter of fact, at one point when our deficit has actually contracted which it has continued to do, as a matter of fact, there was a report done if it contracted faster, it would cause inflation. >> really? >> hal: yeah. so if you look at the arc of it it is going down at a faster rate than it's ever done after a situation like this. i think when we hit a major contraction point which would be below the debt ceiling which happens often, the president should come out and say the cost of government is actually below the cost of government six months ago. >> that would be nice. >> hal: it happens all the time but it never gets press. it only gets press when we boost these times. more of the "the stephanie miller show" with jacki and jim and chris and i doing our best to fill that void. she'll be back tomorrow. don't worry. 1-800-steph-12 is our num
there's no point where we've had a vote to lower the debt ceiling because that's ridiculous. you don't have to. it contracts naturally with expenditures. >> you pay the bill. the debt goes down. >> hal: the way it may be handled, as a matter of fact, at one point when our deficit has actually contracted which it has continued to do, as a matter of fact, there was a report done if it contracted faster, it would cause inflation. >> really? >> hal: yeah. so if you look at...
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Jan 20, 2013
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. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the same thing when he was a senator, he changed his mind. absolutely not. did he vote against. he has spoken to that that was a political vote answered has learned from that but at the time, congress wasn't threatening to say we are not going to pay our bills unless we get what we want, deeper cuts in medicare than required or tank the economy. this false equivalence needs to stop. the barrier to progress here is not the president. we need more republicans in congress to think like republicans in the country who are seeking compromise, seeking balance, because we are poised here to really grow. if washington can do its part and not get in the way, our economies continue to grow, we can make big progress. >> this a president we are going to see, hey, he is reaching out more than he did in the second term or is this a president who largely has said, no, i need a larger army. i need to use my campaign machinery and
. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the same thing when he was a senator, he changed his mind. absolutely not. did he vote against. he has spoken to that that was a political vote answered has learned from that but at the time, congress wasn't threatening to say we are not going to pay our bills unless we get what we want, deeper cuts in medicare...
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Jan 22, 2013
01/13
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details of that legislation include this -- suspension of the debt ceiling for three months. on the 19th of may, the debt limit increases from $16.4 trillion to accommodate additional raring the treasury requires r and bills withholes the pay of lawmakers if congress fails to pass a budget by the 15th of april putting the money in escrow to comply with the 27th amendment of the constitution. joining us now is congressman gomert, vice chair of the subcommittee on crime, terrorism, and homeland security, and republican of texas. good to have you with us. first your impression before we turn to the debt limit of the president's inaugural address. >> well, lou, he started out great, quoting from the declaration from our founding documents, you know, endowed by the creator with certain inalienable rights saying that although they were self-evident, they are not self-executing as you pointed out earlier. now, as a lawyer, that sounds okay in court, you know, talking about the self-executing will or affidavit, but i'm afraid for those of us listening to an inaugural, it was more rem
details of that legislation include this -- suspension of the debt ceiling for three months. on the 19th of may, the debt limit increases from $16.4 trillion to accommodate additional raring the treasury requires r and bills withholes the pay of lawmakers if congress fails to pass a budget by the 15th of april putting the money in escrow to comply with the 27th amendment of the constitution. joining us now is congressman gomert, vice chair of the subcommittee on crime, terrorism, and homeland...
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Jan 18, 2013
01/13
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senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have to take this off the table for the good of the country. ashley: some conservatives would say, look, you have to talk about spending cuts. that aside, you would agree, would you not, there needs to be some entitlement reform, we need to cut back on spending. >> i think we do. the big challenge is healthcare. healthcare and the economy is causing much more than it should. that is a big expenditure for the government. it is a big expenditure for individuals and businesses that provide health care. there is a need to come to terms with the growing cost of healthcare that is beyond our ability to sustain. do we form the payment system? do we make the system more efficient russia mark do we just impose the cost on seniors? ashley: thank you so much for joining us. really appreciate it. >> thank you. melissa: raising forecasts for oil demand this year. the economy revving up in the fourth quart
senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have to take this off the table for the good of the country. ashley: some conservatives would say, look, you have to talk about spending cuts. that aside, you would agree, would you not, there needs to be some entitlement reform, we need to cut back on spending. >> i think we do. the big challenge is healthcare. healthcare and the economy is...
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Jan 22, 2013
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house will vote wednesday on raising the national debt ceiling. republican leaders announced today the extension lets the government continue borrowing money until may 19. the current debt ceiling-- $16.4 trillion-- could be reached as early as mid-february. the house bill does not specify a new dollar amount. it does mandate that congress approve budgets, or lawmakers won't be paid. major league baseball lost two hall of famers over the weekend. st. louis cardinals great stan musial-- "stan the man"-- died saturday at his home just outside the city. he played 22 years, helping the cards win three world series titles in the 1940's. he was widely regarded as one of game's greatest hitters ever. stan musial was 92 years old. also saturday, former baltimore orioles manager earl weaver passed away, during a caribbean cruise. weaver won the world series in 1970, and took his teams to three others. along the way, he gained fame for his fiery, in-your-face confrontations with umpires. he was ejected from games 91 times over 17 seasons. earl weaver was 82
house will vote wednesday on raising the national debt ceiling. republican leaders announced today the extension lets the government continue borrowing money until may 19. the current debt ceiling-- $16.4 trillion-- could be reached as early as mid-february. the house bill does not specify a new dollar amount. it does mandate that congress approve budgets, or lawmakers won't be paid. major league baseball lost two hall of famers over the weekend. st. louis cardinals great stan musial--...
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Jan 15, 2013
01/13
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but this is going to be a tougher vote for republicans on the debt ceiling. will he get 25 or 30. >> john: alex we have 20 second left. let me ask you some republicans are talking about another government shutdown. do they not remember howed about that came across in 2011 not to say what newt gringrich did? are they getting desperate. >> well look some of these republicans want to send the white house a message, the message is they're serious about doing this. they'll tell you that their constituents want them to send a strong message to the white house. if they don't they could risk a primary in their own strict come next year. it makes the most season to potentially force a government shutdown. >> john: good guys. michael tomasky and isaac and alex [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? rr >> john: it's awards season and here now the quickest award show in the world. tonight's category, the most discredited talking point. and the n
but this is going to be a tougher vote for republicans on the debt ceiling. will he get 25 or 30. >> john: alex we have 20 second left. let me ask you some republicans are talking about another government shutdown. do they not remember howed about that came across in 2011 not to say what newt gringrich did? are they getting desperate. >> well look some of these republicans want to send the white house a message, the message is they're serious about doing this. they'll tell you that...
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Jan 21, 2013
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votes on the debt ceiling and delaying or expanding the debt ceiling and giving lip to 9 debt ceil for another two or flee months. we will be back in the thick of things in a few minutes but today we catch our breath. >>shepard: a lot of breath capping to be done. john bussey live with us from the "wall street journal" and steve, over to you, steve. well, steve is otherwise engaged i am now told. back to evan, presidential historian and live with us from new york, the president just got back into the limousine and will come to the reviewing stand behind us. i guess this is an important day for us to remember who it is we are and what we espouse to be and send a message to the world but more than anything, isn't this good for the kids on martin luther king jr. day to have the african-american president coming for his second inauguration? there is hope for a lot of people wrapped up in this man who may not have had hope before. >> there is hope for a lot of people wrapped up in this man. the constitution talked about and referred to, he used the phrase "we the people identification and t
votes on the debt ceiling and delaying or expanding the debt ceiling and giving lip to 9 debt ceil for another two or flee months. we will be back in the thick of things in a few minutes but today we catch our breath. >>shepard: a lot of breath capping to be done. john bussey live with us from the "wall street journal" and steve, over to you, steve. well, steve is otherwise engaged i am now told. back to evan, presidential historian and live with us from new york, the president...
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Jan 22, 2013
01/13
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to vote to raise temporarily the debt ceiling on wednesday. it seems the president has the upper hand, and maybe that's why his speech was so darned tough. >> well, look, there's no doubt that being the president of the united states gives you the biggest bully pulpit there is in the nation, and i think he realized that and he is using it. part of that speech yesterday talked about taking it to the citizens and having the citizens continue being part of this process and pushing, but you know, with the debt ceiling, i think republicans were actually trying to extend an olive branch and found themselves rebuffed yesterday. if we had said pick the most controversial, divisive issues in the country right now, they are the issues that president obama chose to speak of yesterday. he's got a state of the union coming up in a couple of weeks. i would have expected that that would be a place where he laid out his agenda, his priorities, his specifics but i didn't expect it in yesterday's inaugural, but again, it's his speech, his party, can he cry if h
to vote to raise temporarily the debt ceiling on wednesday. it seems the president has the upper hand, and maybe that's why his speech was so darned tough. >> well, look, there's no doubt that being the president of the united states gives you the biggest bully pulpit there is in the nation, and i think he realized that and he is using it. part of that speech yesterday talked about taking it to the citizens and having the citizens continue being part of this process and pushing, but you...
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Jan 22, 2013
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he will deal with three fiscal deadlines including raising the debt ceiling, which the house expected to vote on tomorrow. in the inaugural address, he made history as the first president to mention the word "gay" and "gay rights." >> if we are truly created equal surely the love we commit to one another mutt be -- must be equal, as well. >> there will be one more party tonight, the obamas and friends celebrate with campaign and white house staffers at inaugural ball where supposedly lady gaga is performing. >> the president is sworn in on two bibles one from martin luther king and the other from abraham lincoln. traffic and weather, together, next on the abc7 morning news. here is the golden gate bridge, dry as a bone. but maybe, maybe, maybe there is rain in the forecast. >> and a deal to sell sacramento kings so they can move to seattle. the ripple effect that >> welcome back, almost everyone is just a bit warmer than yesterday so we do not have as frost. 32 at concord and fairfield is 31. upper 30's around the bay to 40 in oak and 47 in san francisco. this afternoon, low-to-mid 60
he will deal with three fiscal deadlines including raising the debt ceiling, which the house expected to vote on tomorrow. in the inaugural address, he made history as the first president to mention the word "gay" and "gay rights." >> if we are truly created equal surely the love we commit to one another mutt be -- must be equal, as well. >> there will be one more party tonight, the obamas and friends celebrate with campaign and white house staffers at inaugural...
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Jan 22, 2013
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the budget, the most immediate problem, tomorrow the house is voting on this extended debt ceiling and this is to avoid a confrontation in the short-term, but the large ers issues remain. >> that was quite a performance saying don't go there. i got this one, and they backed away. that has been lost in the excitement over the last couple of days. it just gets kicked down the road, and can you tell from his speech yesterday that he has -- the democratic coalition is in no mood to give an inch on spending, and it remains the big problem whether you really, democrat or republican, on the budget because it was unaddressed in the last round. you can tell the republicans want to get at it. if that was a sign of compromise yesterday, it was the shortest one sentence sign that i have ever seen. so a fight is come. >> a fight is coming, and we all know that you can not do it without dealing with the main entitlements. there is no way -- >> well, that's exactly right. >> there is no way at this stage without -- >> dealing with that. in that speech he made it very clear where he said -- >> he is n
the budget, the most immediate problem, tomorrow the house is voting on this extended debt ceiling and this is to avoid a confrontation in the short-term, but the large ers issues remain. >> that was quite a performance saying don't go there. i got this one, and they backed away. that has been lost in the excitement over the last couple of days. it just gets kicked down the road, and can you tell from his speech yesterday that he has -- the democratic coalition is in no mood to give an...
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Jan 18, 2013
01/13
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might vote next week to raise the debt ceiling for even three months. there is a very muted reaction and what to watch here are how people are buying etfs. this is the s&p 500. you can buy it in a single stock and you might say, oh, gee, there is a move there to the far right on the upside when the announcement came. but it is a very, very narrow amplitude. very narrow range of trading. that's about three points on the s&p 500. the volume did pick up and we will have volume towards the heavy side today. if you think that is good news pushing the debt ceiling out for stocks and i think generally would you look at it as good news, it certainly is fairly muted here. as for the major indices for the week, what simon was just talking about, there are deeper cyclical changes. big industrial names have been generally outperforming and that is very good news, if you think the global economy, those stocks would more closer would the global economy. >> you get this, this real tight hugging of the flat line friday. monday, tuesday, wednesday and then again today.
might vote next week to raise the debt ceiling for even three months. there is a very muted reaction and what to watch here are how people are buying etfs. this is the s&p 500. you can buy it in a single stock and you might say, oh, gee, there is a move there to the far right on the upside when the announcement came. but it is a very, very narrow amplitude. very narrow range of trading. that's about three points on the s&p 500. the volume did pick up and we will have volume towards the...
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Jan 22, 2013
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. >> congressman, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the president says he wants to do about investing in the future if you don't have a budget? you can't invest for your kids' college, you can't set aside what you're going to pay for your house payment or anything. the government has to pass one and the senate has not passed one in almost four years. that has caused a lot of the debt and the uncertainty we have today. >> what's going to happen in the house that will force the senate to pass the budget. >> the first thing that will happen is we'll do a short term debt limit increase so it will go to the senate and if the senate
. >> congressman, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the...
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Jan 19, 2013
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with the debt ceiling rate so the two things were in the same. you voted on them together. >> right. >> you're doing this, authorizing spending and borrowing by authorizing the spending. we didn't have this right? that used to be the norm. >> and one thing i'm shocked about really i think one of the most surprising things to me is nobody is talking about jobs. >> no one is talking about jobs. >> it's critical. >> bananas. >> it is the number one issue where i live and most people live. >> negative job growth. >> right. >> these three-month extensions, this is all about no predictability in the private sector -- >> traffic jams and cockroaches are more popular than congress. >> that's right. >> we want to get people back to work. in answer to your question we need to talk about this. there has been a great fraud perpetuated on the american public. lois pointed it out here. medicare, social security, have not gotten us into the financial crisis we are in. this is all about an attempt to turn social security over to wall street and turn medicare ove
with the debt ceiling rate so the two things were in the same. you voted on them together. >> right. >> you're doing this, authorizing spending and borrowing by authorizing the spending. we didn't have this right? that used to be the norm. >> and one thing i'm shocked about really i think one of the most surprising things to me is nobody is talking about jobs. >> no one is talking about jobs. >> it's critical. >> bananas. >> it is the number one issue...
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Jan 22, 2013
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think again, the house will vote for a three-month ceiling on the debt seen and comes with a price. g.o.p. leaders said they would vote for the extension, but that the measure would also require the democratic controlled senate to pass a budget and if ne do ththey fail that, pay for lawmakers will be withheld. and we've got to look at the house and spending problem. no budget, no pay. joining me now with reaction. congressman david schweiker and walldon. i was skeptical when i heard the republicans are giving in already. i had a couple of discussions this weekend, and some of your colleagues, explain the rational. number within, they say sequestration that's cuts are going into effect and force the president and senate to come one a budget and the senate didn't pass a budget in three and a half years. i liked it more when it was explained to me. is that about right. >> i think it is, sean and about time the senate did the legal responsibility of passing the budget we passed one each the last two years we'ven been in the majority. the ryan plan laid out how to deal with our biggest p
think again, the house will vote for a three-month ceiling on the debt seen and comes with a price. g.o.p. leaders said they would vote for the extension, but that the measure would also require the democratic controlled senate to pass a budget and if ne do ththey fail that, pay for lawmakers will be withheld. and we've got to look at the house and spending problem. no budget, no pay. joining me now with reaction. congressman david schweiker and walldon. i was skeptical when i heard the...
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Jan 18, 2013
01/13
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the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing. >> and you are part of this no labels coalition wanting to reach across the aisle. but let me read to you what david brooks wrote. polarization is too deep, special interests are too strong. the negotiators are too rusty. republicans are not going to give up their vision of a low-tax america. democrats are not willing to change the current entitlement programs. so realistically, do you really believe that the next four years are going to be different than the last four years? >> well, you know, i don't have a prediction. i have a job. and my job is to try to solve
the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing....
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Jan 22, 2013
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debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> senate democrats view a vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity for us, because in our budget that we will pass, we will have tax reform which many of my republicans like but it will include revenue. >> the increase will likely happen tomorrow. >>> one other provision of the debt limit vote is either chamber of congress fails to pass it, the members will not get paid till they either pass a budget or until the 113th congress expires at the end of 2014. >>> the big question for football fans around here is, are you going to the super bowl? >> for most, the answer to that question is no. cbs 5 reporter cate cauguiran has details.
debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> senate democrats view a vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity for...
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Jan 21, 2013
01/13
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be held wednesday to raise the debt ceiling temporarily. why would they do something like this, which might seem at first blush to be backing down. there were a couple of reasons, scott. first of all they looked at polling when they were out there at that retreat it looks like the polling that you were just talking about. it showed that americans by a pretty significant margin trust the president over house republicans when it comes to things like the deficit which is one of their signature issues. and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get another bite of the apple three months from now to try
be held wednesday to raise the debt ceiling temporarily. why would they do something like this, which might seem at first blush to be backing down. there were a couple of reasons, scott. first of all they looked at polling when they were out there at that retreat it looks like the polling that you were just talking about. it showed that americans by a pretty significant margin trust the president over house republicans when it comes to things like the deficit which is one of their signature...
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Jan 22, 2013
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they are going to vote on increasing the nation's borrowing limit the debt ceiling as it is called. okay wednesday they are going to do that vote. the senate pass a budget with spending cuts in it. that is when the kum ba yah the happy talk here on capitol hill may go back to a little more firstier talk. shep? mike emanuel on the hill tonight. perspective what lies ahead for president and the congress. dana perino the white house press secretary for president george w. bush. that's coming up from the journalists of fox news on this monday fox report from the nation's capitol. inauguration night. martin luther king jr. day. it's great to have you with us. just like that. right in the old bucket. good toss! see that's much better! that was good. you had your shoulder pointed, you kept your eyes on your target. let's do it again -- watch me. just like that one... [ male announcer ] the durability of the volkswagen passat. pa down something he will be grateful for. good arm. that's the power of german engineering. ♪ back to you. [ bop ] [ bop ] [ bop ] you can do that all you want, i
they are going to vote on increasing the nation's borrowing limit the debt ceiling as it is called. okay wednesday they are going to do that vote. the senate pass a budget with spending cuts in it. that is when the kum ba yah the happy talk here on capitol hill may go back to a little more firstier talk. shep? mike emanuel on the hill tonight. perspective what lies ahead for president and the congress. dana perino the white house press secretary for president george w. bush. that's coming up...
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Jan 22, 2013
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house republicans suspend measure to suspend debt ceiling. until mid may setting the stage for a floor vote as soon as wednesday. they write that the house rules committee posted text of the legislation as washington prepared for president obama's second inauguration. the bill would withhold members' pay if congress fails to pass a budget by april 15. they will hold an emergency meeting to discuss legislation tuesday setting up a vote as soon as wednesday on the house floor. angus is in rose dale, new york on our republican line. go ahead. caller: good evening. i'm sorry. it is agnes. first of all, i would like to thank c-span for giving us such excellent coverage as usual and yes, i am african-american and yes, i am a republican and my parents were republicans and we're from the south. i would like to say that -- a shout out to former president george bush and his family. i love them as well. i hope his family, his father -- they are in our prayers. i saw condoleezza rice today and she was beautiful as usual. i also would like to say that i
house republicans suspend measure to suspend debt ceiling. until mid may setting the stage for a floor vote as soon as wednesday. they write that the house rules committee posted text of the legislation as washington prepared for president obama's second inauguration. the bill would withhold members' pay if congress fails to pass a budget by april 15. they will hold an emergency meeting to discuss legislation tuesday setting up a vote as soon as wednesday on the house floor. angus is in rose...
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Jan 17, 2013
01/13
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ceiling. you know, what are we doing about the kids that you care so much about? neil: you know, charlie, you represent young people to get their minds attune to what's going on, and the possibility, that their share of ts burden will be greater, and what reaction do you get from other young folks when they hear you say that? >> a lot of young people nowadays do not care. when you saw in november when the election was framed on social issues, they won't think about this. we are trying to use the kids, lack of a better term, as the national props why the politicians are stealing the money. my generation is going to inherit so much money that we never had a chance to earn. we have to pay that off through working extra hours and standard of living will be lower because of that. neil: your generation, guys like your age and my daughter's age or you're a little older than those showcased today, but not a lot older. you are their big brothers and sisters, and you are trying to send a message to the
ceiling. you know, what are we doing about the kids that you care so much about? neil: you know, charlie, you represent young people to get their minds attune to what's going on, and the possibility, that their share of ts burden will be greater, and what reaction do you get from other young folks when they hear you say that? >> a lot of young people nowadays do not care. when you saw in november when the election was framed on social issues, they won't think about this. we are trying to...
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Jan 22, 2013
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big story here congressional action on the debt ceiling. tonight on "special report" we are one day away from a vote on a house republican bill to increase the country's bar rowing limit for four months. one of the strings attached is a sus specific of lawmakers' pay if they do not approve a budget by april 15. the politics and the policy here. the white house is not giving te tails on how president obama plans to fulfill the promises he made in the inaugust ration speech monday. but he will get an opportunity to rule on the controversial keystone xl oil pipeline. the governor of nebraska approved the new proposed route. this is the 40th anniversary of the roe v. wade decision that legalized abortion. we will get a status report on the four-decade long battle. plus a preview of secretary clinton's testimony on benghazi tomorrow and where the survivors of the terrorist attack. "special report" from washington starts at 6:00 eastern. now back to my colleagues at "the five." ♪ ♪ >> dana: most of us know him as prince harry. in the military
big story here congressional action on the debt ceiling. tonight on "special report" we are one day away from a vote on a house republican bill to increase the country's bar rowing limit for four months. one of the strings attached is a sus specific of lawmakers' pay if they do not approve a budget by april 15. the politics and the policy here. the white house is not giving te tails on how president obama plans to fulfill the promises he made in the inaugust ration speech monday. but...
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Jan 22, 2013
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we are just getting word that as expected the house will vote on the debt ceiling limit for another few months, pushing it back to may 19. the report on this possibility yesterday in washington for the inauguration, this this might be a face-saving gesture on the part of republicans to gather their duffs and buy some time with a president who at least for the time being is more popular than they. what do you make of the timing of this vote? -- and what they will gain? >> i think the republicans were concerned about public perception of them not doing anything and i think it's a bad idea. i mean, i think this kicks the can down the road. move people say, we want a solution today. we don't want to keep having this conversation. every couple of months, we talk about the debt ceiling, what good is a ceiling if you keep raising it and you don't make spending cuts to keep yourself under that number? it has no purpose. >> neil: i want to take a look at the corner of wall and broad. many argue the reason why it was up 62 points is the fact that, whew -- it's a relief they won't bring this to th
we are just getting word that as expected the house will vote on the debt ceiling limit for another few months, pushing it back to may 19. the report on this possibility yesterday in washington for the inauguration, this this might be a face-saving gesture on the part of republicans to gather their duffs and buy some time with a president who at least for the time being is more popular than they. what do you make of the timing of this vote? -- and what they will gain? >> i think the...
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Jan 16, 2013
01/13
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republicans say they are not going to vote to increase the debt ceiling even though they did so 19 times with no strings attached under george w. bush. they won't do so again this year unless they get massive cuts in social security and medicare. why should we be having this fight after all? shouldn't we just pay our bills as the president says? >> you know, i just wonder if these individuals also when their credit card bill arrives say, no. not going to pay it. >> they might. >> i am not going to pay it. we are spending too much money. so i am just not going to pay my bill. really? it's it's like a non-secquitor. these have been racked up by congress. they have proposed those expenditure. now the bills are due. to put any strings attached to it is kind of nuts. >> . >> what's the way out of it? >> there are six numbers of congress including myself today introducing a piece of legislation to just scrap the idea of the debt ceiling which no other country in the world has. it's an unnecessary encumbrance that the idea, as you -- in the constitution. >> any other country could -- there is u
republicans say they are not going to vote to increase the debt ceiling even though they did so 19 times with no strings attached under george w. bush. they won't do so again this year unless they get massive cuts in social security and medicare. why should we be having this fight after all? shouldn't we just pay our bills as the president says? >> you know, i just wonder if these individuals also when their credit card bill arrives say, no. not going to pay it. >> they might....
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Jan 15, 2013
01/13
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>> the democrats, including the president when he was a senator, voted against raising the debt ceiling -- >> not enough -- >> some democrats. but not to this extent and not in a party-wide thing. this is important for the president for a couple reasons. one of them is his second term agenda which we're looking at the challenges of in a "huffington post" series called "the road forward." if he wants to go forward, if he wants to complete the job on health care and on bank regulation and on immigration and on a whole host of things, he's got to beat the republicans politically. he's got to beat them on spending, and he's got to back them into a corner politically. he's got a chance to be more consequential in a second term -- this is usual -- >> what's his one, two, three agenda. >> gun control, immigration reform, and number one is what chuck was grilling him on today, which is his strategy on beating the republicans on debt and spending. >> fiscal victory -- >> then immigration and gun control. >> is that how you see it one, two, three, chuck? >> he can't do anything until the budget s
>> the democrats, including the president when he was a senator, voted against raising the debt ceiling -- >> not enough -- >> some democrats. but not to this extent and not in a party-wide thing. this is important for the president for a couple reasons. one of them is his second term agenda which we're looking at the challenges of in a "huffington post" series called "the road forward." if he wants to go forward, if he wants to complete the job on health...
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Jan 19, 2013
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. >>> the debate over raising the country's debt creel appears to be put on -- ceiling appears to be put on hold. republicans allowed they'll vote on a short term measure to allow the country to meet its obligations. >> reporter: following a republican rereceipt in virginia gop leaders announced -- retreat in virginia gop leaders announced they are backing away from a fight on the debt ceiling. >> we are going to move in the short term so people do not have a fear of where we are economically and be able to move forward to try and solve this problem once and for all. >> reporter: republicans will vote next week to extend the borrowing limit for three months. they'll make the measure contingent on the senate passing a budget which it hasn't done since 2009 and they'll insist members of congress don't get paid until the federal budget is agreed to. house speaker john boehner told his party we are going to pursue strategies that will obligate the senate to finally join the house in confronting government's spending problem. the principle is simple. no budget, no way. the white house rel
. >>> the debate over raising the country's debt creel appears to be put on -- ceiling appears to be put on hold. republicans allowed they'll vote on a short term measure to allow the country to meet its obligations. >> reporter: following a republican rereceipt in virginia gop leaders announced -- retreat in virginia gop leaders announced they are backing away from a fight on the debt ceiling. >> we are going to move in the short term so people do not have a fear of where...
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Jan 19, 2013
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many of us on the democratic side voted for $1.2 trillion in spending cuts and got a debt ceiling increase. president obama made it very clear we are not negotiating over the debt ceiling again because we have to pay our bills. we have to give certainty to our economy and we have to focus on deficit reduction in a balanced way so we can protect the middle class and working families. >> doesn't this give the progressive movement an opportunity in the next 90 days to really send the message to congress, leave the big three alone? get your money somewhere else? it would seem to me that the republicans are going to go after that in the next 90 days, make the case that the entitlements are really the problem in all of this. this campaign is going to continue on. >> it will, absolutely, continue on. i think we have to acknowledge that medicare and medicaid is a contributor, significant contributor to our deficit. and there are savings that we can squeeze out. we've already added eight years of solvency into medicare through the affordable health care act we were able to get. in his $4 trillion b
many of us on the democratic side voted for $1.2 trillion in spending cuts and got a debt ceiling increase. president obama made it very clear we are not negotiating over the debt ceiling again because we have to pay our bills. we have to give certainty to our economy and we have to focus on deficit reduction in a balanced way so we can protect the middle class and working families. >> doesn't this give the progressive movement an opportunity in the next 90 days to really send the message...
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Jan 19, 2013
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the gun debate and debt ceil job creation . will we see a different leadership style in his second term? >> i think one thing that is clear this time around, the american people voted to reduce the deficit in a balanced way. they voted to pass the comprehensive immigration reform . 90 percent of the american public supports universal background checks and one of the things that campaign supporters will make sure, he has a man date every time to enact the changes and the house republicans are responsive to what the american people voted for and public opinion is . you will see a lot of the ground support in the weeks ahead. >> let me ask you a question. what about the divide that remains between the president and republicans? will he make more of an effort to find common ground? >> i think the president certainly has done an outreach on both sides of the aisle and on issue after issue, he's willing to put a traditional democratic party orthodoxy to pass it in a bipartisan way. this ultimately is a bipartisan organization that se
the gun debate and debt ceil job creation . will we see a different leadership style in his second term? >> i think one thing that is clear this time around, the american people voted to reduce the deficit in a balanced way. they voted to pass the comprehensive immigration reform . 90 percent of the american public supports universal background checks and one of the things that campaign supporters will make sure, he has a man date every time to enact the changes and the house republicans...
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Jan 23, 2013
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house republicans forged ahead with a plan to raise the nation's debt ceiling through may 19. that vote is set for tomorrow. congressman paul ryan, last year's republican vice presidential nominee, said today republicans want to shift the focus to enacting a budget, with major spending cuts. the senate is going on four years now for not having passed a budget. we think this gives us the time we need in this nation to have a good, thorough vigorous and honest debate about what it takes to get our fiscal house in order and about how to budget. families budget. businesses budget. our federal government should budget. >> ifill: the bill also says if lawmakers don't enact a budget with spending cuts, they won't be paid. in the senate, democratic majority leader harry reid declined to comment on that provision, but he did say that, in general, he welcomes the house move. >> i'm very glad that they sent us up a clean... they're going to send us a clean debt ceiling bill. the other stuff on it will athat when we need to. i'm glad we're not facing crisis here in a matter of a few days.
house republicans forged ahead with a plan to raise the nation's debt ceiling through may 19. that vote is set for tomorrow. congressman paul ryan, last year's republican vice presidential nominee, said today republicans want to shift the focus to enacting a budget, with major spending cuts. the senate is going on four years now for not having passed a budget. we think this gives us the time we need in this nation to have a good, thorough vigorous and honest debate about what it takes to get...
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Jan 19, 2013
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. >> rick: switching gears, house republicans are expected to vote to raise the debt ceiling for three months giving congress more time to pass a federal budget. they're warning a failure to do that could result in a freeze of salary. a poll said government spending is out of control k. this new pressure fine will he be enough to get congress to act? our political panel joining us. kristy sellser is president of new heights communication and former spokesperson for vermont governor howard dean. trey hard sun a form republican campaign manager and former aide to the gop house leadership. good to sigh both. thanks for coming in. trey, this news about this idea that we're going to freeze congress' pay unless they pass a budget in the senate, now coming under attack. i guess because of something called the 27th amendment, which forbids congress to make any changes to pay until after the next election. is this still the right way to go for the gop? >> yes, i think it is. first of all, it's always a pleasure to be on fox with kristy. but i have been dying in anticipation today to see if or h
. >> rick: switching gears, house republicans are expected to vote to raise the debt ceiling for three months giving congress more time to pass a federal budget. they're warning a failure to do that could result in a freeze of salary. a poll said government spending is out of control k. this new pressure fine will he be enough to get congress to act? our political panel joining us. kristy sellser is president of new heights communication and former spokesperson for vermont governor howard...
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Jan 22, 2013
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half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29, 2009. it clouded 179 round trips to the moon. circumnavigating the globe 73 times. leading senate republicans say it's time for the senate to step up. it has been four year since the senate acted on a budget. in fact, if you believe this. many of you have ipads. ipads didn't exist the last time the senate passed a budget. >> the senate majority didn't say no but he didn't fully embrace the house deal either. >> i'm glad that they sent us up a clean -- they are going to send us a clean debt ceiling bill. the other stuff on it, we'll approach it when we need to. glad we're not facing a crisis here in a matter of
half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29,...